Increasing debt is not only bad economics, it is immoral

Mark Littlewood speaks on BBC Radio 5 Live

Mark Littlewood appears on Radio 5 Live to debate the government austerity measures. He argues that the cuts are hardly dramatic and ideas to stimulate growth through increased government spending have been tried to destruction. He further argues that to spend money on consumption today and leave the costs of repayment to future generations is highly immoral.

Listen to the interview here. (Segment starts at 37.30)